Our newsletter is a listing of all our blog posts. The newsletter is sent 2 or 3 times a day. Our email schedule is HERE. If you cannot wait for the email, you can read our posts directly on our BLOG throughout the day and night, or follow us on TWITTER and get our blog posts tweeted to you between 10am - midnight (ET). Our Twitter name is DinarRecaps.

Dec 27 3:54 PM [michigander0131] Conscious / Pocket citizen Imitly torn currency ... The government is incapable of finding solutions 27/12/2012 you'll find competent financial authorities solutions to this phenomenon? Why do not you released new coins compensatory shattered? And when we will see stiff penalties on Refrain from the receipt of torn currency?

Banknotes torn from various categories and does not accept a road from shopkeepers or drivers cabs handled or discharged and I am confused about how to deal with knowing that some banks do not accept receipt or replaced

The lack of printing new currencies during these years due to the idea of turning these currencies and replacement, deletion of zeros from where there will be coins a new Iraqi without zeros to facilitate trading and increase the purchasing power of the currency was this just an idea,

but it seems serious in the recent period through what we see on television or newspapers tell us. currencies which have become a heavy burden on all people.

Dec 27 3:55 PM [michigander0131] this article confims that the citizens are tired of the torn currency and are demanding the new come out as they have been telling them on tv and news papers

6:46 PM [honeybee] well I,ve been on this yo yo ride for 5 yrs..... and some like mich at least try to educate us by giving us hope and understanding....while there are so many that bring us "nothing"..... I ,m getting too old.... I just prayangel1 it will happen in my lifetime

6:46 PM [michigander0131] O has nothing to do with it but thats JMO

6:46 PM [michigander0131] honeybee it will and i truly believe in the first half of next year//and thank you

6:47 PM [joseph11] honeybee That's the problem too many opinions said like they are the truth

6:48 PM [Rebel13] joseph11 IYO

6:48 PM [michigander0131] Urgent urgent ... The discovery of listening devices in home Rafe Al-Issawi!! Date: Thursday, 27-12-2012 08: 34 pm Baghdad _ Ibrahim Ahmad Source close to Deputy Prime Minister for services Affairs Saleh Al-mutlaq in meeting with an aide to the Minister of finance and leader of the Iraqi list Rafe Al-Issawi, told Iraq's President on the listening device in the object library at his home in Baghdad.

The source said that the Al-Issawi phoned Saleh Al-mutlaq, told him that tapping the Nuri al-Maliki cannot end. He said there are great expectations on the continuation of the activities of the Office of the Prime Minister and Ministers within the houses to spy on them.

6:48 PM [msjeta1] michigander0131 I really appreciate all the stuff you bring in and "explain" because it makes me crazy tryng to understand the translations ...

Baghdad (AIN) : The medical team that oversees the health condition of the Iraqi President, Jalal Talabani, stressed that Talabani's health condition is getting better.

Dr. Najim al-Din Karim, professor at nervous system diseases, mentioned in a statement published by website of the Patriotic Union of Kurdistan, that "The German medical team which supervises Talabani's health condition assured that the President's health is in continuous improvement," noting that "His response to the medicine he is receiving is very good."

Karim who is accompanying the President in his treatment tour in Germany, said that "The constant recovery of Talabani's health makes us optimistic towards his full recovery from the ill-health that befell him in recent."

Qutaybah Jubouri: the people of Anbar will discover they are a victim of a scheme by the politically bankrupt destinationsThursday, 27 December 2012 16:28

BAGHDAD / obelisk: Prime coalition in Iraq free Qutaybah Jubouri, Thursday, that some politicians confuse the leaves on the Iraqi street and exploit feelings of citizens for electoral purposes after bankruptcy political, noting that the people of Anbar Saon be victim of the scheme by the political parties only interested in their own interest, calling on everyone to state-building and dealing with the issue of protections and Finance Minister Rafie al-Issawi on the basis of a judicial and not sectarian.

The Jubouri for "obelisk", that "some politicians confuse the leaves on the Iraqi street and exploit feelings of citizens Mini for political purposes," noting that "some of them have gone bankrupt politically did not keep has only to play the chord sectarian even regain their activity in the coming elections so we found the recent crisis has evolved ".

Jubouri called on everyone to "build a state of institutions and distance elimination from any interference or political rivalry and deal with the issue of protections Issawi on the basis of purely judicial and not sectarian and not to exploit the judiciary for partisan gains."

He added that "the recent crisis after the arrest of protections and Finance Minister fabricated to gain the sympathy of the people and drawn into such so things and playing the chord sectarianism and this is unacceptable and must be addressed," adding that "there delegations from Anbar called us and contacted government are rejecting the slogans that have been filed unfortunately of some politicians in the demonstrations. "

Iraq market: low index is not a sign of lossThursday, 27 December 2012 17:36

BAGHDAD / obelisk: denied the Iraqi market for securities, Thursday, to be dropped market general index mark or proof of loss in the Iraqi Stock Exchange.

The executive director of the market, Taha al-Rubaie for "obelisk", "The stock market is now the end of the fourth quarter of market trading, and this means that companies are reluctant to trade or distribute profits or subscription annual and this is what makes the level trading down which is very natural."

He explained that "the Stock Exchange decided to disruption due to days of Christian festivals and occasion of the death of Imam Hussein (peace be upon him), especially after encountered with the end of the fourth quarter decline every year trading levels for the previous reasons."

Dollar sales are rising at the end of Central weekly sessionsThursday, 27 December 2012 17:28

BAGHDAD / obelisk: sales of the Iraqi Central Bank of the dollar on Thursday, a rise in the auction on the sale and purchase of foreign currencies, reaching 191 million and 803 thousand dollars, compared with 183 million and 75 thousand dollars recorded in the previous session, and covered the central bank at an exchange rate basis was 1166 dinars per dollar.

The bulletin auction bank that the aggregate demand for the dollar distributed by (14.025 million) in cash, (778,000,177) dollars in the form of remittances fully covered by the bank foreign exchange rate was 1179 dinars per dollar, including the central bank's commission amounting to 13 dinars per dollar.

The bulletin indicated that the 20 banks participating in the auction today did not make any offers to sell the dollar.

And regulates the Iraqi Central Bank auction of five meetings weekly from Sunday to Thursday for the sale and purchase of foreign currency, and receive a cash commission on the sale and transfers of about 13 dinars per dollar.

BAGHDAD / obelisk: established the Supreme Judicial Council, Thursday, in cooperation with the U.S. Department of Commerce Workshop Tdrbeh for documentary credit in building the Judicial Development Institute lasted four days, was attended by 15 judges from different regions of Appeal.

The judge said the Federal southern New York good Rakov in a statement obtained by "obelisk", a copy of "The session is an excellent opportunity to deal with the judges of the Commercial Court for their potential and abilities high in dealing with trade issues and their interest in learning and access to the most important issues that the commercial consideration in the courts of New York" , adding that "the Iraqi economy evolved in recent significantly, requiring the establishment of similar workshops."

National and Kurdistan combine: approval of the budget 2013 after a holiday visit fortyThursday, 27 December 2012 19:16

BAGHDAD / obelisk: Collect two deputies representing the National Alliance and the Kurdistan Alliance in the Iraqi parliament, Thursday, to approve the budget next year after a holiday visit the death of Imam Hussein (peace be upon him), after holding discussions and studies them.

said decision the parliamentary economic committee Mahma Khalil's "obelisk "" The draft federal budget for 2013 acceptable to the majority of members of Parliament, especially after being studied extensively, and agree on the merits almost full despite the presence of some notes. "

Said Khalil, a deputy from the Kurdistan Alliance that "the coming days will vote on the budget in Parliament after taking some notes."

For his part, revealed a member of the Finance Committee in parliament Haitham al-Jubouri, that "the first week after the end of the ceremony visit the death of Imam Hussein (peace be upon him) will vote on the draft federal budget."

Twilight News : senior cleric warned, Thursday, continuing corruption in the institutions and government departments, stressing the need for Iraq's "represents the role of Imam Hussein."

Said the school Mohammad Taqi reference during his annual statement on the occasion of a visit forty-attended " Twilight News "that Iraq" thirsty which is on the banks of the fresh water. "

The school stressed the need for Iraq "to represent the role of Imam Hussein, then recognized by the people and the government, and follow his advice in their affairs, and draw a roadmap for them to emerge from Chapter VII, which is still sword of Damocles over the necks of the people."

Iraq is still under Chapter VII of years ago, despite repeated government statements that the Baghdad International fulfilled all its commitments.

AsiaCell mobil phone launch there shares for sale in the Iraqi Stock Exchange at least 22 dinars per share December 27 2012

The company �AsiaCell� Telecom contributing sell shares in the Iraqi Stock Exchange (the Iraqi market for securities), which is expected to be the first step to offering shares in the Middle East, consisting of 67,503,000,000 shares accounted for 25 per cent of the company's capital, and the rate of at least 22 Iraqi dinars per share.

The company identified in the statement received by Asharq Al-Awsat read, on January 3 (January) next date for the launch of those shares. And continue to the second of February 2013. The company �AsiaCell of the major telecommunications companies and mobile phones in Iraq and has 9.9 million subscribers their networks.

Farooq said Mullah Mustafa Managing Director of the company �AsiaCell�: �This step is very important in the history of the company, we have achieved great success in building the foundations of Government fixed and sophisticated level of Iraq, and we are delighted that give an opportunity today for Iraqis to sitting at our building the future through owning shares in a company (ACL), and we look forward to continuing to make progress in the field of telecommunications in our country, and the creation of new investors over the next year.

Baghdad / follow the obelisk: Student Minister of Industry and Foreign Trade Hatem Saleh Iraqi ambassador in Cairo Nizar Issa goodness of God, "the need to lift the ban" imposed by Iraqi authorities on the import of cheeses Egyptian and which led to the suspension of Egyptian exports of cheese to the Iraqi market, which is which caused huge losses to the Egyptian dairy companies, adding that he will visit Iraq by the end of next January to discuss this matter and discuss the formation of the Egyptian-Iraqi Business Council joint .

He also asked the minister the need to review the decisions of banning the import of agricultural crops Egyptian, especially vegetables and fruit for the Iraqi market, and under the pretext of protecting domestic producers Iraqis, stressing in this context that Iraq is about to join the World Trade Organization, and that Egypt supports this trend, and will strive to support the Iraqi side to get the membership of the organization, pointing out at the same time the need to seek the Iraqi side, not to put obstacles violate WTO rules, as the decisions to prevent or prohibit the import under the pretext of providing protection for local producers, international rules that must be followed.

On the requirement of the Iraqi authorities need to examine imports prior to shipment, and limit it to one laboratory, which negatively affects the Egyptian exports to Iraq, the Minister stressed the need for exemption Egyptian goods of this procedure required by the Iraqi authorities, or to be adopted more than one internationally accredited, so that facilitate the screening process and unimpeded access products.

12-27-12 SWFloridaGuy (Forum Discussion): It doesn't have to be a RV. It could be a RV/RI/RD/Float (which would take longer), change in peg etc. They could also use the USD as their primary currency but that's not their goal. We're hoping for and expecting a RV.

For WTO accession they do have to have a convertible currency. I pulled my information right out of their membership laws. To answer your question about China, membership is considered on a case-specific basis. Certain member countries have to agree in the affirmative as I explained.

Accession could be right around the corner or a ways down the road, I've seen conflicting reports about this but what matters to us is they need to raise the exchange rate prior. So, the fact that they are even being considered is a great sign the CBI is getting ready to make their move.

That is also why we speculate that Iraq RVing their currency may be an obligatory stipulation where they are concerned. That part is my own opinion but them having a convertible currency comes straight from WTO membership requirements.

Here's a link from the WTO showing an agreement on a case specific basis and convertible currency. You will find it's a stipulation common in almost all member countries and also is in Iraq's case.

12-27-12 BLUE DOG: I HAVE BEEN FLOODED WITH EMAILS AFTER YESTERDAY'S ARTICLE I WROTE. I AM ANSWERING THEM TODAY ONE BY ONE, BUT IT TAKES TIME.

PLEASE DO ME A FAVOR AND PUT UP A SPECIAL POST THIS MORNING SAYING THAT BLUE DOG WILL REPLY TO ALL EMAILS AND THAT TODAY BLUE DOG HAS A LOT MORE VERY RELEVANT FINANCIAL INFORMATION TO EXPLAIN TO OUR GROUP. NOT RUMORS, NOT DREAMS --- A TRUE AND CORRECT EXPLANATION OF CURRENT FACTS THESE MANY GOOD PEOPLE DESERVE AND NEED TO UNDERSTAND.

ALL OF IT RELATES TO THE POTENTIAL IQD RV. I SHALL WRITE THIS CAREFULLY MIDDAY. THANK YOU. I AM SINCERELY TRYING TO BE HELPFUL BY EXPLAINING WHAT IS HAPPENING IN THIS COUNTRY TODAY.

And suddenly there was a great earthquake, so that the foundations of the prison were shaken: and immediately all the doors were opened, and every one's bands were loosed. Acts 16:26, KJV

Get your gear ready. Find all of your belongings. Find every precious thing to you and pack it because it's time for a jail break!You are being completely freed from all imprisoning thoughts, passions, and desires.Even your dreams will go free. Your life is about to soar into its greatness. The foundation of the prison house will crumble today. The bars will melt, the jailor will disappear, and the liberator's trumpet will sound for you.

Some of you are in a battle right now. Whatever the battle is, I have a good word for you - don't give up in the battle! Don't give up interceding! Don't let limited resources cause you to think that somehow God is limited in power. GOOD NEWS IS STILL FORTH COMING - STAY IN PRAYER IN A MODE OF THANKSGIVING -....Read More

okrocks] "Meanwhile, a variety of fiscal and monetary experts have called for the debt ceiling to be abolished altogether.""All told, the extraordinary measures can create about $200 billion of headroom under the limit -- normally about two months worth of borrowing."

House of Representatives vote on the law of the Federal Court in its next meeting12.27.2012

Is scheduled to hold the House of Representatives, on Tuesday, 8/1/2013, its third of the second legislative term. According to a statement issued by the information department of the House of Representatives PUKmedia obtained a copy of it: that the meeting would include a vote in terms of the principle of the bill the National Water Council. The vote on the draft law of the Federal Court. statement added: that the meeting will also include the first reading of a bill the second amendment to the law laid-back political No. (24) of 2005, as amended. The first reading of the draft law amending the Social Welfare Act No. (126) for the year 1980. The first reading of the proposed law on the National Fund to support non-governmental organizations in development projects. PUKmediahttp://www.sotaliraq.com/mobile-news.php?id=82390#ixzz2GGUgbHSQ

Expectations parliamentary passage of the budget 2013 through the first half of the month of January next Ali Salman12/27/2012

Considered a member of the parliamentary Finance Committee Najiba Najib current year better than the previous years because the draft budget arrived early to the House of Representatives by the government, believing that the general budget be approved in early January.

Promised Najib functioning budget and discussed within the global context and the legal and due to lack of end fiscal year 2012.

As explained committee member in a press statement that "its confirmed the importance of expediting approving the budget during the previous session of the House of Representatives, memory that delayed approving the budget after the month of February may affect in administrative matters and the country's economic, as this was evident during the previous years to take budgets long march in the ratification and publication in the Official Gazette and launch allocations, which led to the inability to provinces, ministries and government departments to achieve the completion rates are good. Read More

One of the institutions of the World Bank granted a loan of 70 million dollars for Iraq12:56 December 27, 2012

BAGHDAD (Iba) : The International Finance Corporation (IFC) announced, a member of the World Bank Group, to grant a loan of U.S. $ 70 million to help renew a cement plant in Iraq as part of its efforts to support the local construction industry and assist in the reconstruction of the country.

Said Guy us manager industry, business and agricultural services in Eastern and Southern Europe, Central Asia and the Middle East and North Africa at the International Finance Corporation said in a statement received by the independent press (Iba) ... that "This funding will help to overcome the shortage of cement facing Iraq now and will help the state fill supply gaps in infrastructure have. Also will play a catalytic role in attracting other foreign investors to Iraq. "

The factory will be able to Karbala Cement, a subsidiary of the French company Lafarge, thanks to this funding the rehabilitation of a state-owned factory near the city of Karbala. Will Kerbala Cement Factory perform work under a franchise agreement with the Iraqi government.

It is expected that funding will contribute to strengthening the construction sector in Iraq, which is a major source of jobs, and supports reconstruction efforts in the country that are most in need of infrastructure after years of conflict.Read More

Hamid al-Musawi: Iraq needs for (15) years to be eligible to join the World Trade Organization (WTO)12.27.2012

Baghdad (news) suggested academic at the University of Mustansiriya Hamid al-Musawi, holding an economic conference expanded about the possibility of entering Iraq to the World Trade Organization and to identify mechanisms that qualify to join.

Moussawi said (of the Agency news): Iraq needs to a convergence of (15) in To be eligible to join the World Trade Organization, the fact that the infrastructure of the country is still not prepared, as well as a significant increase in the cost of domestic production of goods and materials scarcity of raw materials within the local industry, in addition to weak competition of local products with foreign.Read More

Baghdad : And agreed to the Foreign Affairs Committee in the Kuwaiti National Assembly on the bilateral agreement between Iraq and Kuwait on the organization of maritime navigation in the Khawr Abd Allah waterway in the Gulf.

The agency quoted the official Kuwait news agency Kona Thursday, from the decision of the Foreign Affairs Committee in the National Assembly Tahir Failakawi, saying that "the Committee agreed at its meeting today on the draft law of the Convention between the State of Kuwait and the Republic of Iraq on the organization of maritime navigation in Khor Abdullah] and brought to Council to decide. "Read More

Baghdad, Erbil agreed to withdraw troops and replace them with a joint security centers. The final agreement will be signed next Sunday.

BAGHDAD : The final touches for a comprehensive solution between the federal government and Kurdistan region, pointing that the final agreement will be signed next Sunday.

The parliamentary Committee on security and defense announced that the agreement, which took place Wednesday, between the central government and the Kurdistan region on the disputed areas stipulates to withdraw military units outside the administrative boundaries of these areas and replace them with a joint security centers.

Vice Chairman of the Committee, Iskandar Witwit told the National Iraqi News Agency "The joint security stations between the Peshmerga and the Federal army will be with the Joint Coordination Center," adding that this is the best solution for the dilemma.Read More

Cleric underscores the need for "a role Hussein": Chapter VII sword of DamoclesTHURSDAY, DECEMBER 27 2012

Twilight News: senior cleric warned, Thursday, continuing corruption in the institutions and government departments, stressing the need for Iraq's "represents the role of Imam Hussein."

Said the school Mohammad Taqi reference during his annual statement on the occasion of a visit forty-attended " Twilight News "that Iraq" thirsty which is on the banks of the fresh water. "

The school stressed the need for Iraq "to represent the role of Imam Hussein, then recognized by the people and the government, and follow his advice in their affairs, and draw a roadmap for them to emerge from Chapter VII, which is still sword of Damocles over the necks of the people."Read More

Council of Ministers to constitute a committee to review and audit the sale of currency27/12/2012 17:19

Term Press / Baghdad : The form of the Iraqi Council of Ministers, on Thursday, a committee to audit and review the sale of the currency at the central bank auction, as he emphasized that the Commission will develop proposals to reduce the leakage of the currency.

A statement issued by the General Secretariat of the Council of Ministers and received (range Press), a copy of which, "The Secretariat has formed a committee to audit and review the sale of the currency in central bank auction in accordance with the order Diwani (121) for the year 2012," noting that "the Commission will be headed by a representative of the Supreme Audit financial and membership of the Ministry of Finance, Interior and Commerce in addition to the Central Bank and the General Secretariat of the Council of Ministers. "

The statement added that "the objective of the formation of the Commission is to identify shortcomings and weaknesses and strengths and how to take advantage of the amounts sold and fits in with the quantity of goods and services within," noting that "the Commission will submit its proposals to the General Secretariat of the Council of Ministers to reduce the leakage of currency."

The MP breakaway Sadrist Kazem Sayadi accused, in the 12 of November 2012, lawmakers in the Sadrist movement and the Iraqi List involvement of corruption in dealings central bank they (Jawad Alshahyla, and Bahaa al-Araji and Maha league, and Uday Awad for the Liberal bloc, as well as MP Talal Zobaie and political Jamal Karbouli in the Iraqi List), pointing out that those deputies took advantage of the decision to cancel the ration card and Russian arms deal and Otharoheme "to cover up their corruption."Read More

Secretariat of the Council of Ministers to constitute a committee to audit and review the sale currencyThursday, December 27, 2012 17:35

BAGHDAD / Baghdadiya News : formed in the secretariat of the Council of Ministers, on Thursday, a committee to audit and review functions sell the currency.

The source said the Public Service Commissions in a statement released by the official website of the General Secretariat of the Council of Ministers had seen / Baghdadiya News / "The purpose of the Committee identify shortcomings, if any, and the strengths and weaknesses and how to take advantage of the amounts sold and fits in with the quantity of goods and services within, and to propose measures to reduce Currency leak. "

He added that "the Committee formed under the chairmanship of a representative of the Office of Financial Supervision and the membership of the Ministries of Finance, Interior and Commerce in addition to the Central Bank and the General Secretariat of the Council of Ministers."

He noted that "the Committee formed on the basis of command Diwani (121) for the year 2012, a claim its recommendations to the General Secretariat of the Council of Ministers to take appropriate action. Click for Link

Sales of dollar by the CBI rise in Thursday auction27/12/2012 16:04:00

Baghdad/ NINA : Sales of dollar by the Central Bank of Iraq CBI rose in Thursday auction to 191 million and 803 thousand dollars after it hit last Tuesday, 183 million and 75 thousand dollars with a stable exchange rate of 1166 dinars per dollar as well as the sales and purchase of foreign currencies showed rose today .

Alfalh: Erdogan went further by calling for Iraqi Kurdistan and to send a letter of protest to the United Nations against the government12.27.2012

BAGHDAD : Euphrates News MP for the coalition of state law on Alfalh's remarks, Turkish Prime Minister Recep Tayyip Erdogan last on Iraq is a blatant interference in the internal affairs of the country, noting that "Erdogan went further by calling for the Iraqi List and the Kurdistan Alliance to send a letter of protest to the United Nations against the government ". described Alfalh according Manglth him Alalam recent statements Erdogan as "provocative, and it stemmed from a just return of the Ottoman Empire." and said that "the Turkish intervention in Iraq began to take grants Ascending since a Turkish oil agreement with Erbil and provocative visit to Foreign Minister Davutoglu to Kirkuk without permission from Baghdad and then granted Hashemi sentenced to death in absentia asylum to end today instigated unprecedented by Turkey against the Iraqi government. "

He Alfalh he was "in step enticing cast oil on the fire entered Turkey paid diagonally and Saudis on the line, where he accused President Minister Recep Tayyip Erdogan Maliki government seeking to provoke civil war in Iraq, describing it as acting on a sectarian basis. " Read More

Med says to (14:48:33): IRAQ WAS JUST A BULLY AND WE ALL KNOW WHAT HAPPENS TO MOST BULLIES WHEN THEY ARE CONFRONTED BY THE JUST AND HONEST THEY WITHER AND RUN

SOME TALK CRAP ABOUT US BUT THEY KNOW THEY ARE SO PATHETIC THAT IT WOULD BE EMBARRASSING FOR US TO GO IN AND KICK THEIR ******

,AND AS WE SAW HERE THIS COUNTRY WAS YEARS AWAY FROM BEING RELEASED TO THEIR FORMER LEADERS IT WAS A MINIMUM 10 YRS AWAY

BUT ALSO BUSH DID A PRETTY LAME JOB OF PUTTING PEOPLE IN CHARGE OF GETTING IRAQ ON TRACK WE NEEDED TO LOOK BACK AT WWII AND SEE WHAT WAS DONE WITH GERMANY AND JAPAN THAT LED TO SUCH SUCCESS AND THAT WAS WHAT 60 PLUS YRS AGO OR MORE WERE WE SO MUCH MORE ADVANCED THEN

OK I WANT TO CUT IT OFF RIGHT THERE LETS GET BACK TO SOME SMALL TALK SO ALL CAN GET INVOLVED I WANT TO SEE IF THIS STUFF IN IRAQ ESCALATES AND WHAT IS THE RESPONSE OF TWO THE UN AND THE US

bulldog23 says to (14:57:27): Do you think we will go back in??

Med says to (14:57:39): YES BULLDOG HMMMM DO I NO I THINK WE ARE IN AN RDF MODE YES BUT I THINK FIRST WE WILL USE THE TAKE AWAY FIRST FROM BAGHDAD YW WELLCRAFT...

[burk50] FlAshing,why is Jan 15th an outside date? Any special reason?

[burk50] Flashing,if Iraq signed off months ago,why do we care about border agreement?

[flashing] burk50 based on what i have read , international security and peace .

[dinar1203] Under a fixed exchange rate system, only a decision by a country's government or monetary authority can alter the official value of the currency. Governments do, occasionally, take such measures, often in response to unusual market pressures. Devaluation, the deliberate downward adjustment in the of

[dinar1203] in the official exchange rate, reduces the currency's value; in contrast, a revaluation is an upward change in the currency's value.

[dinar1203] In 1973, the United States officially ended its adherence to the gold standard. Many other industrialized nations also switched from a system of fixed exchange rates to a system of floating rates. Since 1973, exchange rates for most industrialized countries have floated, or fluctuated, according to ....

12-27-12 SWFloridaGuy (MIG): Everyone is out of the loop. I've been saying none of us have a clue for a long time. Many pretend to though. Only the very naive or arrogant think they have the inside track on this. You have to be a special kind of stupid to throw out dates and rates not only once but multiple times a week.

Over a year ago (back in June) when we all thought this was going down, I was in OOM before I got banned. I was still in my listening to intel providers phase and around 1am I actually went into the room and called a date and rate. The next day when it didn't pan out I felt unbelievably horrible and swore I would never do that to anyone again.

That is why I continually find myself in a state of incredulity watching these guys do this every week. The excuse that they are just passing on what they are hearing has never really resonated with me because they don't have unlimited amazing contacts and why would you ever go back to someone who has proven themselves meretricious at best.

BWM: There are defining moments in life... when children take their first steps, your son's first soccer goal, sweet 16 for your daughter, reciting your wedding vows, standing bedside when your first child is born, or standing bedside when a parent passes. Each of these and so many others dictate joy, laughter, sadness and sometimes bitterness in our lives. Christmas is a season that tends to bring about memories of a year or years past and all the memories that come with those thoughts. This has been a difficult year for myself as I know it has for many others. Daily reminders of dreams that are unfulfilled due to lack of financial ability or concerns over provisions for family needs or desires are pitting us against ourselves for positive answers.

BWM: Daily you are bombarded with statements about "it has to happen by"... has to happen because the numbers are in Iraq's 2013 budget. Heard this last year. How many years has the U.S. gone without a budget? Some want to base their "date" on annual reports that begin reporting in March of 2013 which lead them back to December 31st. These are called "quarterly" reports and nothing out of the norm. Then there's the infamous ISX is opening for business and they can't trade toilet paper... ....

Twilight News : Integrity Commission announced on Thursday, the high index response members of the House of Representatives to detect disclosed their financial with the mid-month by 19 percent from what it was at the end of last month.

Integrity Commission said in a statement received " Twilight News "showed coupes prevention department in the Integrity Commission that the disclosure of financial receivables department received during the two weeks 64 to form the number of MPs who disclosed their financial 193 of the total members of the Council of 325.

"It was a body statistics indicated at the end of last November to a doubling of the proportion of response by the Presidency of the Republic after the receipt of Form Khodair al Vice President alongside President Jalal Talabani form."

Dulaimi announced a comprehensive solution to the crisis between Baghdad and Erbil Thu, 27 Dec 2012 8:19

Alsumaria News: Defense Minister Saadoun al-Dulaimi, Wednesday, to reach a comprehensive solution to the crisis between Baghdad and Erbil, stressing that the Joint Ministerial Commission between the central government and the Kurdistan region will meet next Sunday in Arbil to sign a final agreement in this regard.

Dulaimi said during a press conference held today in Baghdad and attended "Alsumaria News", on the sidelines of a meeting with the Minister of Peshmerga Sheikh Jaafar Sheikh Mustafa and Interior Minister in the region Karim Sinjari, said that "today's meeting to reach a comprehensive solution to the crisis, after having provided the central government and regional government Kurdistan positive vision on them, "noting that" the parties forward and working papers have been matured and become closer to the final declaration. "

Dulaimi added that "papers have been converted to the Joint Supreme Committee for approval at a meeting to be held, Sunday, in the city of Arbil," adding that "the Arbil meeting will witness the signing of the findings of the High Joint Committee."

World Bank provides loans to Iraq worth [90] million dollars for the reconstruction of Karbala Cement PlantThursday, December 27 2012 15:18

Baghdad : The World Bank announced its intention to provide a loan of [90] million dollars to Iraq for the reconstruction of Karbala Cement Factory within his plan in the reconstruction of Iraq.

A statement by the International Finance Corporation [IFC], the investment arm of the World Bank, the Agency has received all of Iraq [where] a copy of it on Thursday, it "will provide a loan of $ 70 million for a factory Karbala Cement Group's [Lafarge] French to help renew a cement plant in Iraq as part of its efforts to support the local construction sector and help in the reconstruction of the state. "

He added that "this loan will help rehabilitate the plant, which would contribute in promoting the construction sector in Iraq, which is a major source of jobs, and supports reconstruction efforts in the country that are most in need of infrastructure after years of conflict."

The statement quoted the director of industry, business and agricultural services, in Eastern and Southern Europe, Central Asia and the Middle East and North Africa at the International Finance Corporation, Guy us, "This funding will help to overcome the shortage of cement facing Iraq now," adding that "funding will Also in fill supply gaps in infrastructure, also will play a catalytic role in attracting other foreign investors to Iraq. "

Companies operating in the region halted oil exports because the central government does not pay its dues" 12:02 27/12/2012

Khandan : The government of the Kurdistan Region, said the region's oil exports fell sharply in the recent period due to the continuing financial dispute with the central government in Baghdad.

A spokesman for the Kurdistan Regional Government Sven Dzia in a statement to Agence France Presse that "companies operating in the region are halted exports because the government does not pay dues of $ 350 billion dinars."

"We sent a letter to the government and we are trying to urge them to pay, and the government does not pay."

We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs. Our Blog posts are e-mailed in this Recap Newsletter.

� Copyright DRT Distribution, LLC All Rights Reserved DISCLAIMER: We do not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted or otherwise contained on Dinarrecaps.com or any Dinar Recaps Twitter account or Dinar Recaps email or newsletter or post or any related or affiliated website or Twitter account (collectively, the "Website"). We do not endorse any opinions expressed on the Website. Dinar Recaps is not a registered investment advisor, broker dealer, banker or currency dealer and as such, no information on the Website or Email newsletter should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the Website. This site is merely for informational-entertainment purposes. It is not the purpose or intention of this site to influence any person to purchase or sell Iraqi Dinars or any other currency. Do not buy, sell, trade or hold any Iraqi Dinars or any stocks, bonds, other currencies, or commodities based upon any postings or messages on the Website or referenced on the Website. You should seek and rely on the advice of licensed and registered financial, legal and tax advisors of your choice. The owners or operators of the Website shall be all be held harmless for any/all information posted on this site and Twitter account(s) and email newsletter(s). Any and all information contained herein shall be construed as "Rumor." The owners and operators of the Website site shall not be held responsible for any information contained hereon including information provided by others.